At this moment, do you know what your 2016 tax picture will look like? Or do you keep your fingers crossed that you guessed right, and made the correct amount of estimated taxes? Do you know that the IRS charges penalties and interest if you don’t estimate correctly?
MID-YEAR TAX RETURN
At this time of year, as part of our on-going tax consulting services, we perform a mid-year tax analysis for our clients. We essentially prepare a mid-year tax return using up-to-date figures. Our small business clients appreciate knowing now (within an 85% certainty) what their 2016 tax picture will look like. That is both their business and personal tax situations.
Our client’s small business is usually the sole source of income for their family, so their hard-earned dollars are important to them. They do not want to overpay or underpay their taxes every year. Because of our close relationship with our clients, we can give them a firm estimate of what their 2016 personal and business tax levels will be TODAY. That way, with our help, they can make any adjustments in their business that will produce the best business/personal tax outcomes.
If you would like to know TODAY what your 2016 business and personal tax picture will look like, and not wait until December to find out, give us a call at 981-2577 or email us at email@example.com to set up a no-obligation, no-cost visit, to discuss this and any other aspect of your small business.